Commercial Movie Releases The yearly data have been published showing the number of releases for each of the commercial movie studios and the gross receipts for those studios thus far. The regression...




Commercial Movie Releases
The yearly data have been published showing the number of releases for each of the commercial movie studios and the gross receipts for those studios thus far. The regression line equation is y′=+271.596 + 4.775x.The correlation coefficient is r = 0.860. Compute the standard error of the estimate rounded to at least two decimal places, if appropriate. Assume α=0.01.































No. of releases,

x




8




10




306




22




270




35




21




12


Gross receipts,

y


(million

$


)

188




241




1371




1064




1962




334




125




154




 Pick the best option (A OR B) based on the data given.


(A) The standard error of the estimate should be calculated.
S
  est=


(B) The standard error of the estimate should not be calculated.















Jun 05, 2022
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